Look out for valid certification in the listing. Here, well list the average prices they currently fetch from cheapest to most expensive: For more details on the exact type of 1944 steel wheat penny and the average value of each kind, see our sister article 1944 Steel Wheat Penny. Close-up of the overpunched mint mark on a 1944-D/S RD (PCGS Coinfacts). An impressively high number of wheat cents were made in 1944 across Philadelphia, Denver, and San Francisco mints: over 2.1 billion coins! Of course, there was no silver content in these coins; just steel and zinc. Ultimately, wheat pennies of any kind can be considered valuable, however the worth of any given coin is determined by its grade, condition, and rarity. STEEL cents can be extremely rare and potentially worth in the millions if it features a 1944 date. Series. 1924 D Wheat Penny. So, if your 1943 copper penny doesnt have a long 3, then its not genuine. There are two thin, horizontal lines emerging from the left side of the crossbar of the T in CENTS. Josh, Hi yes i have a 1944 s wheat penny but looks copper and sticks to magnet what should i do, Hello, Nicole! If your 1944 steel cent is authentic, it's worth $75,000 or more. But unlike the 1943 date, there is a scarce amount of 1944 steel pennies. A 1944 penny is worth more than just its face value today. Coin Grading 101 Extremely fine . The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). There are even some copper versions which may bear discoloration due to traces of gunpowder which was not removed during the metal refining process from when ammunition shells were melted down to make the coins. Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. A badly damaged and worn coin is lower quality and will lower the value. Usually reputable sellers include very detailed information and several photographs in the coin listing. 1909-S "VDB" Lincoln Wheat cent. As mentioned in the article above, an average circulated 1944 Lincoln wheat cent is generally worth 10 to 20 cents. Fingers crossed! There are some rare examples of 1944 steel wheat pennies out there. Josh. Phil, it would be helpful if you uploaded an image(s) of the penny. Although many wheat pennies were made with this steel core in order to reduce metal used, the government made a special exception for the 1944 coin and allowed extra copper to be used, which helps add to its rarity. Save my name, email, and website in this browser for the next time I comment. What happens if you dont get your period with PCOS. Herea a quick guide: Like other wheat pennies, the value of the 1944 steel wheat penny will vary depending on the mint mark. No, not all 1944 pennies are valuable. Hi, George -- Copper 1944 wheat pennies with no mint marks, D mint marks, and S mint marks are found all over the place. Why does 1944 wheat penny not have an s ,d, or p under year. Double dies involve the same part of the design, lettering, and date being present twice, causing an overlapping or raised look. $0.01 USD. 1922 Plain Lincoln Cent. I have a 1944 wheat penny. More Wheat cents were made in 1944 than any other year -- more than 2.1 billion across all three Mints. Stay up to date with everything about U.S Coins, We dont spam! However, the value of a 1944 penny made with a copper and zinc mixture can range from 3 cents to up to $20 USD, depending on the condition of the penny. https://coinvalues.com/community/stream/item/5616. Type: Wheat Penny. Jim on October 02, 2019: I have a 1944 copper lincoln wheat penny any one know the value of it its got no mint mark and in good shape for 1944. This record would not be broken until 1960, when 2,167,289,000 Lincoln Memorial cents were produced. No, a 1943 copper penny is not worth $1000000. At the top of the coin the phrase E Pluribus Unum is inscribed. If the penny is an Uncirculated condition, it will hold much more value, and should be graded to get an accurate value. Josh. The 1944 wheat penny is a must-have for coin collectors everywhere! The 1944-S wheat penny is the most sought after and valuable of the lot because it was minted at the San Francisco mint where production numbers were lower than other your other wheat pennies. It is necessary to use virgin metal with the shell casings. Therefore, you must also determine exactly which mint the 1944 Wheat Penny was issued from. They can be spotted by the absence of the edge features of the Lincoln cent design. Technically, these coins were errors, produced mistakenly with a combination of leftover steel blanks and repurposed copper ammunition cases. I have inherited a massive coin collection. At a pawn shop, collectors can pay premium values for high-grade 1942 pennies. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'remodelormove_com-large-leaderboard-2','ezslot_15',158,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-leaderboard-2-0'); Specific Rarity You also need to consider the specific rarity of your 1944 penny. I've never seen anything like this. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'remodelormove_com-large-mobile-banner-2','ezslot_20',164,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-large-mobile-banner-2-0');The most valuable of all wheat pennies is the 1909-S VDB penny, which is valued at around $6000 in uncirculated condition. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, How Much Is A $5 Silver Certificate Worth? I would like more $0.40. Extremely fine close to perfect! Keep an eye on Coin Trackers, a site which tracks the value of different versions of coins and is updated regularly. Any advice? The rarity of 1944 wheat pennies is also supported by their current value. Coin Slabbing Services, This comment was minimized by the moderator on the site, https://coinvalues.com/wheat-pennies/1943, https://coinvalues.com/wheat-pennies/1935, https://coinvalues.com/wheat-pennies/1958, https://coinvalues.com/library/coin-slabbing-services, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&, https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66273164_2432053220357404_6694322626694742016_n.jpg?_nc_cat=108&, To My Young Brothers & Sisters at Reddit & Elsewhere. Around 2.1 million wheat pennies were produced in 1944, more than any other year! You can use the upload button below the text form, but it's better to post in our forum: https://coinvalues.com/forum, I have a 1920 1922 1942 1944 1946 1958 wheat pennies can you please tell me they're worth. Additionally, the high demand for these coins due to their rarity has caused their value to increase substantially over the years. It shows that all 1944 wheat pennies had the highest mintage in US coinage history. and new product arrivals. If you buy thru these links, we may earn a commission at no additional cost to you. Image: USA CoinBook. Michael, as Josh pointed out in the community, "The rare 1944 steel cent sticks to a magnet and looks silver in color. It's because of a low rarity level. Has any one seen a 1955 penny with 55 over 55 and has crack runs through the 55 and missing the word trust. 1-1955 D Wheat penny It's estimated that there is only about 25 to 30 of these coins that exist, which makes it an extremely rare and valuable wheat penny! The 1944 steel penny is an incredibly valuable and rare coin that is worth a substantial amount of money. Sites such as the US Coin Book, PCGS Price Guide, and NGC Coin Price Guide contain detailed information on the various 1944 pennies, as well as their current market value. Your email address will not be published. Mintage. And on the front, above the date, is a marking that almost resembles an A? Meanwhile, many coin experts believe there are a few that have yet to be discovered. 1944 Lincoln cents as a whole, though, are quite common and can be had for about 10 to 20 cents in most circulated grade. Our comments section is mostly for commenting and only allows remote image embeds. Today we are going to be learning the ins and outs of this coin, including its history and the context in which the c. A 1944 no mint Wheat Penny in good condition can be worth around $2 to $10. Are there signs of wearing where the words and images have been rubbed away? 1944-D Lincoln Wheat Cent Penny: Steel Cent. The 1944 Wheat penny is a copper coin with no silver or tin content. In December 1943 testimony before a House Appropriations Subcommittee[1], Assistant Director of the Mint Leland Howard said: The War Production Board has granted us sufficient virgin copper and shell casings to resume production of a copperhued cent on January 1., When we start producing the bronze coins -- and incidentally we have already started, as far as the production of blanks and ingots are concerned -- we will have to take the virgin copper, shell casings, and zinc-alloy them, melt them and pour them, roll the ingots into strips, and then blank the strips out; and all that cost will be borne by this appropriation, and it will eat into it at a rapid rate. If you are still unsure, you can try posting images of your coin on forums such as Coin Community. I have read somewhere that this can be caused by improper mixture of metals or from deviations on the press itself. Here's what's so special about the 1944 steel cent. A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market. For a 1943 Steel (not copper) penny, which is the most common type of 1943 penny, it is only worth around 10 to 25 cents. Uncirculated: $0.20. 1-1930 Wheat penny When it comes to evaluating 1943 Lincoln cents, the . Basically in mint condition with only perhaps some natural discoloration, highest market value. This post may contain affiliate links. In later years it was rumoured that the anonymous buyer was in fact Bob Simpson, owner of some of the finest mint condition . Steel pennies were only made in 1943 and 1944, and are highly sought after for their rarity and historical value. Our equipment will not work shell casings as they are. The following will provide you with a listing of the different coin grades as well as what they . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Separately, I uncovered Congressional testimony to the same effect. The overwhelming majority of 1944 pennies were made from copper (around 95%) and zinc (around 5%). The coin was minted for less than a year and was produced at the Philadelphia Mint. These coins of course retain a silvery color. Top 30 Most Valuable Wheat Pennies. 1944 Wheat Pennies were minted in Philadelphia, San Francisco and Denver. Imaged by Heritage Auctions, HA.com. You can tell whether you penny is made from copper or steel by holding a magnet to it. There are some very rare ones which were combined with steel. Thank you. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'remodelormove_com-medrectangle-3','ezslot_2',155,'0','0'])};__ez_fad_position('div-gpt-ad-remodelormove_com-medrectangle-3-0');The most valuable 1944 wheat penny is worth significantly more than other 1944 wheat pennies due in part to its grade, condition, and mint mark. A list of pennies in the current pool of circulating United States currency. Here, we will equip you with information about the 1944 wheat penny, and its key features such as mint marks and errors. See our sister article 1944 Steel Wheat Penny for more details! 1943. There are 2 variation of the 1944 penny, one made with a metal mixture of both copper and zinc, and the other all copper. Which 1944 s penny is worth a lot of money? We and our partners use cookies to Store and/or access information on a device. Examples of rare 1944 pennies include the 1944-S and 1944-D, which were produced at the San Francisco and Denver mints, respectively. How and where do I upload images? The 1944-D Wheat Penny is also quite valuable, worth up to $85 for a circulated coin and up to $1,500 for an uncirculated coin. Lincoln Wheat and Indian Penny values chart 2023. So, expect them to have a low market value. The highest value achieved by a 1944 Philadelphia Steel Penny was for a copy belonging to the Simpson collection in MS64 grade, which in 2013 was auctioned for $158,625. Real Experiences. 1.1944 Steel Wheat Penny. USA Coin Book Estimated Value of 1944-S Lincoln Wheat Penny (Steel Cent Variety) is Worth $399,637 in Average Condition and can be Worth $741,587 to $1,110,923 or more in Uncirculated (MS+) Mint Condition. This will help you find out how you should price it, or whether you are paying the correct price for it. Auction Record Value. 56 1944 Penny Value Locate the correct position on the chart finding 1944 penny value. Potentially a small flaw or scratch, but otherwise lettering and images totally clear, higher market value. Idk How much is it worth? Thank you so much, They will use a series of diagnostic factors and tests to determine if your 1944 steel penny or 1943 copper cent are real. Shell casing Wheat cents can sometimes display a brighter color than a normal bronze cent. There were five distinct, Read More Analyzing the 2020 Bat Quarter Value: A Comprehensive GuideContinue, Part of the allure that United States currencies bear (especially here in the states) comes from the, Read More Kennedy Half Dollar Value Chart (1964, 1966, 1967, 1968, 1970, 1971, 1972)Continue, The $20 bill has been around since the early 1800s, with its design changing several times over, Read More 5 Most Valuable $20 Bills (Rare One Sold For $411,250)Continue, Your email address will not be published. To ascertain a coins market value it is important to focus on the quality of the coin how well it was originally struck (made). At the top of the coin the phrase E Pluribus Unum is inscribed. In fact, theres about a half-gram difference, which is easily measurable on a coin scale. 1943 Steel Penny Value (Worth A Million Dollars?). For instance, a 1944 penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. The value of these coins range from several dollars to $1,700 or more, depending on the condition and grade of the coin. Some other things you can try include using a metal detector in known areas for buried treasure and by stopping by your local bank branch and asking for a wrapper of pennies. 1909-S VDB Lincoln Cent. I have a 1944 penny with the A semi missing. Hi Tommy. On the tail (reverse) side of the 1944 wheat penny there are two inscriptions which read The United States of America and One Cent.. Fine typically in circulation a long time but without major damage, features mostly visible, higher market value. Roger W. Burdette was perhaps the foremost numismatic historian of our era. The hardest wheat pennies to find are generally ones that have been relatively well-preserved over the years. Hi, Rosa - https://scontent-iad3-1.xx.fbcdn.net/v/t1.15752-0/s261x260/66368484_441685056414764_1363231016411463680_n.jpg?_nc_cat=100&_nc_oc=AQn4yMdkynE8XmWiG8QosFszb-OnJJJf0xD6uAs_mba5KtGhslRjvfxOT4mQQ2zztnU&_nc_ht=scontent-iad3-1.xx&oh=b4a5f6a6aca7e05794bc9c949f2cddb2&oe=5DB1DF2B Josh @ CoinValues. 1969-S Lincoln Penny-Doubled Die Obverse. 50 depending on its condition. If the penny is moved by a magnet, it has steel content, if not it is copper. Continue with Recommended Cookies. Save my name, email, and website in this browser for the next time I comment. These United States one cents coins all sold at auction for record prices, however the most valuable Lincoln cents were sold privately to an anonymous buyer from United States in 2010 and 2018.. For instance, a 1944 wheat penny in certified mint state (MS+) condition can fetch between $6 and $8 at an auction. Hence, when searching for this edition you may find it called the 1944 steel Lincoln penny instead. What penny coins are worth money? The reason it is so valuable is because in 1944, the U. S. Mint ran out of copper and was forced to switch to an alternative metal composition consisting of steel and a very small amount of zinc. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. The 1802 Draped Bust Half Dollar is among the most valuable half dollars. A 1944 no mint Wheat Penny in excellent condition can be worth around $10 to $50. Always ensure you buy coins through a reputable seller, ideally someone who includes detailed information and photographs in the coin listing. ), The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800), Most Valuable Antique and Vintage Vases: Identifying, Valuing and Buying (2023 Updated), A Detailed Outlook on the 2000 Sacagawea Dollar Value, Antique Floor Lamp: Identification, Valuation, And Buying Guide (2023 Updated), Good lowest market value, heavy damage, difficult to make out the lettering and patterns. I have 1944 steel one please check photos, at first, I thought it was from another coin, but at closer inspection, I noticed that the error is actually part of this coin.